Superbowl Betting – Guide, Tips and Best Sportsbooks
Betting on exciting events such as the Super Bowl has become a huge part of online sports betting these days. Punters can now wager on Super Bowl outcomes, exciting prop scenarios, and live markets on the day of.
Super Bowl Betting comes around once a year, complete with markets like team and player props, spreads, totals, and classic money lines for the predicted winning team. You can also take advantage of unique Super Bowl betting promos like free bets, risk-free offers, deposit match bonuses, and more.
Today, we’re exploring the best tips to help you get started with Super Bowl betting, such as which markets are good for beginners and how to understand the betting lines. We’ll also touch on some interesting facts about Super Bowl wagering to familiarize you with the practice. Now, let’s get into the details!
About Super Bowl Betting
Super Bowl betting entails all things sports betting on one of the biggest and most anticipated annual events in professional sports. The NFL event attracts some crazy wagers that you won’t get other times of the year, such as prop bets related to Super Bowl TV commercials, long-awaited futures, and in-play markets on team and player stats.
To prepare yourself for the upcoming Super Bowl betting events, take a look at these details regarding dates, deals, and more.
Next Super Bowl Event
Each year, the Super Bowl takes place in February in the United States. Super Bowl LVII is set to take place Sunday, February 12, 2023. And while the teams in question are still being predicted at the moment, it’s not too early to start placing outright bets in advance of the big day.
Super Bowl Betting Promos and Bonuses
One of the best parts of event betting at sportsbooks is that there are tons of deals to browse at different platforms. From sign-up bonus offers to referral promos, free bets, and rewards, you can benefit from joining betting apps around the time of the Super Bowl.
For example, trusted sites like Bovada, BetOnline, and MyBookie promote deposit match offers, reload bonuses, and cash bonuses.
Super Bowl Crypto Betting
Another aspect of Super Bowl betting that makes it even more exciting is the relatively new addition of crypto deposits/withdrawals to online sportsbooks.
With the ability to bet with Bitcoin, Litecoin, and other cryptocurrencies, players can benefit from higher bonuses and better payment perks during Super Bowl betting.
Top Superbowl Betting Tips For Bettors
We’ve rounded up our best tips for Super Bowl wagering:
- Keep your betting options open
- Shop around for the most competitive odds
- Make higher-value bets rather than higher-cost bets
- Bet “under” when it comes to first quarter totals
- Don’t make contradicting wagers
- Stick to what you know
- Always pre-set your bankroll
- Take advantage of crypto bonuses, lower fees, faster payouts, etc.
- Avoid Super Bowl parlay bets (high-stakes) if you’re a newbie
Best Sports Betting Super Bowl Advice For Beginners
If you’re a complete newbie when it comes to online sports betting, then the first thing you need to do to start Super Bowl betting is find a bookmaker to join. Below, we’ll highlight some of the top Super Bowl betting sites to choose from, but first, we want to impart some gambling advice.
One of the most important things to keep in mind with online sports betting is that you should gamble responsibly. Part of that entails choosing a site that is legal and regulated. But another aspect of responsible gaming is setting a bankroll – the amount of money set aside for wagers – and keeping that as your budget.
Some online bookmakers have self-exclusion features like betting limits, deposit limits, and time-outs so that you can help keep yourself from going into debt. Most bettors would be wise to use these features during Super Bowl betting.
Furthermore, Super Bowl betting is going to be a lot easier for you if you do some research first and learn about:
- Super Bowl odds
- How the odds change week by week
- Which types of bets you want to make (i.e. futures, props, etc.)
- Which bookmakers accept the payment method(s) you want to use
- Which sites have the best sports betting bonuses that apply to the Super Bowl (NFL)
Top 5 Super Bowl Sports Betting Facts
The Super Bowl is one of the most-viewed sports events in the United States, so it only makes sense that there are some pretty big statistics related to Super Bowl betting. Below are five important things to know about betting on this annual NFL event in February.
1. Top Sports Betting Event
Since the Super Bowl has been around – more than 50 years – it has consistently been one of the most popular sports betting events in the United States.
Just last year, Super Bowl LVI accounted for $179,823,715 in Nevada wagers. And that number only represents the individual state. Furthermore, this number has only increased – by tens of millions of dollars – each year since 2013.
According to the American Gaming Association, 31.4 million Americans (adults) planned to bet on Super Bowl LVI. And of those more than 30 million bettors, it was estimated that $7.61 billion was spent on Super Bowl wagers. It’s likely that these numbers will only increase going into the 2023 Super Bowl LVII.
2. Super Bowl Betting Is Increasing
The stats only go up as the years pass regarding Super Bowl gambling activities. In fact, the amount of Americans betting with sportsbooks, bookies, and online platforms jumped nearly 80% from Super Bowl LVI in 2021 to the most recent Super Bowl LVII in 2022.
The numbers also took an upwards trajectory between these years when it came to American bettors who felt that legal operations were important.
Even the U.S. commercials and gambling advertising promoting responsible gaming reached more viewers than it did in previous years.
3. The Odds Change
Throughout the NFL season, the odds for winning the Super Bowl for each team changes. This is part of what makes Super Bowl futures betting so interesting – you can place a bet months before the day of the Super Bowl and watch the odds shift in the time leading up to the day of.
4. MVPs Don’t Always Cover the Spread
Although you would think that players awarded the title of “Most Valuable Player” would be on teams that consistently cover the spread, it’s not always the case. There have been several Super Bowls in which the team with the MVP did not cover the spread, including the following:
- Super Bowl V (MVP Chuck Howley)
- Super Bowl XXIII (MVP Jerry Rice)
- Super Bowl XXXVIII (MVP Tom Brady)
- Super Bowl XXXIV (MVP Deion Branch)
- Super Bowl XLIII (MVP Santonio Holmes)
- And others
5. Quarterbacks Usually Win the MVP Award
It shouldn’t come as too much of a surprise that the biggest Super Bowl individual player award – the MVP award – often goes to quarterbacks. More than 30 of all past Super Bowls have had MVPs awarded to quarterbacks. This is why so many people put their money on a team’s leading offensive player.
Where To Find The Best Super Bowl Sportsbook
Finding a good sportsbook where you can bet on the Super Bowl involves looking for a few essential qualities, including:
- A well-designed desktop and/or mobile betting interface
- Decent Super Bowl sports betting bonuses and promotions
- Reliable and secure options for banking methods
- 24/7 customer support or support with late hours
- A large variety of Super Bowl betting markets
- Unique Super Bowl prop bet opportunities
- Fast and low-fee payments
- Special sports betting features
- Live Super Bowl wagering
The following 6 online bookmakers are widely trusted with years of industry experience to back them up. They have many of the above-listed qualities, making them some of the best when it comes to Super Bowl betting options.
Super Bowl betting at MyBookie Sportsbook features a wide variety of NFL futures in the weeks left leading up to Super Bowl 57. Players can also cast their Super Bowl prop bets, which are as basic as “team to score first in the game” and as unique as “first commercial to air between plays”.
Other betting opportunities include live wagering, friend referral offers, and a 50% sports welcome bonus for Super Bowl gamblers to avail of.
MyBookie also offers its customers useful features like Super Bowl bracket printables and odds for every week of the NFL championship.
Furthermore, MyBookie supports both traditional (credit card, debit card, P2P) payments, as well as cryptocurrency payments like BTC, LTC, and ETH.
Sportsbetting is another great Super Bowl bookmaker, owing to its large selection of Super Bowl LVII odds to win markets, division futures, player props, game props, live wagers, and much more.
The following site features are very advantageous when it comes to Super Bowl betting online:
- Regular odds boosts
- Risk-free live bet offer for NFL betting
- Risk-free prop builder offer for NFL betting
- 50%-100% sports welcome bonus
- 200% sports referral offer
- 25%-35% sports reload bonus
- Super Bowl betting odds and news
- Mobile wagering
Further, deposit match bonuses for sports bettors are doubled at this bookie when you deposit and play with cryptocurrencies. This is a huge advantage if you’re a crypto gambler.
BetOnline Sportsbook is one of the most trusted online bookies. Super Bowl bettors can join to avail of live betting free play, enhanced crypto bonuses, the earliest lines, high betting limits, quick payouts, and so much more. There is a huge selection of Super Bowl odds to browse at this bookmaker.
The site features same game parlay markets for NFL events, a prop builder feature, as well as a convenient bet slip for all kinds of wagers. You can even visit the BetOnline News Room page to get the latest updates on NFL odds.
This SSL-encrypted betting site features opportunities to securely wager with cryptocurrencies or traditional payment methods, with live chat support at your fingertips.
Aside from being highly regarded by major media companies like ESPN, BetNow.ag Sportsbook is a well-rounded online platform for Super Bowl betting. Players can wager on desktop or mobile devices and avail of bonuses worth up to 150%.
BetNow boasts of high teaser and parlay payouts, live wagering, 24/7 capabilities, and of course a whole page dedicated to Super Bowl wagers. The site features detailed info about Super Bowl wagering, futures markets, advice for Super Bowl betting, and unique props.
BetNow is a secure bookmaker that we recommend for all of the above, as well as its inclusion of crypto gambling, customer support, giveaway contests, loyalty program, and overall well-designed interface.
One of the biggest draw-ins to this sportsbook is the 125% sports welcome bonus worth up to $500 – and that includes NFL wagering. This Bitcoin-friendly bookie offers mobile betting, same-day payouts, and live wagering options for Super Bowl bettors, who can also benefit from weekly NFL odds.
Super Bowl betting at this site entails the following:
- Odds to win Super Bowl futures
- NFL Regular Season MVP futures
- NFL team totals
- Super Bowl prop bets
- Sportsbook refer a friend bonus offer
- Parlay bets
This bookmaker is secure and trusted, committed to responsible gaming, and SSL-encrypted for a safer online betting experience.
Last but not least, we want to highlight Bovada online sportsbook for its huge selection of NFL props, parlays, and lines. The site is beginner-friendly, as well, with extensive guides explaining NFL betting and providing NFL insights.
Super Bowl bettors can take advantage of Bovada’s selection of NFL odds to win futures, an NFL prop builder, and NFL parlay odds.
Whether you want to wager with Bitcoin or Visa/Mastercard, you have secure options at Bovada Sportsbook. The site even supports its players by offering self-exclusion features and bankroll management options.
This is a great site for Super Bowl bettors to join, as it even offers sports bonuses (NFL-inclusive) such as referral offers, traditional and BTC sports welcome offers, and other rewards.
Summary – Super Bowl Betting
Super Bowl betting is one of the most popular and exciting sports betting events of the year. Taking place every February (and the months leading up to it for futures bets), Super Bowl betting draws in millions of American bettors and billions of wagering dollars.
Sites like Bovada, BetOnline, and BetNow, among others, are great platforms for online Super Bowl wagering with great bonuses and huge selections of game lines. Make sure to refer to our Super Bowl betting tips and advice as we approach 2023’s Super Bowl LVII.